Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.27% |
| 2 | Technology | 12.59% |
| 3 | Healthcare | 10.49% |
| 4 | Industrials | 10.32% |
| 5 | Consumer Discretionary | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Enovis
ENOV
$1.74B
| $27.7M | 0.04% |
386,824
-621,569
| -62% | -$43.3M |
|
|
AJRD
602
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $27.7M | 0.04% |
791,490
+49,984
| +7% | +$1.35M |
|
603
First American
FAF
$7.66B
| $27.7M | 0.04% |
554,522
+297,328
| +116% | +$14.2M |
|
604
Banc of California
BANC
$3.07B
| $27.7M | 0.04% |
1,334,275
+93,284
| +8% | +$1.84M |
|
605
Brady Corp
BRC
$4.62B
| $27.7M | 0.04% |
728,805
+352,912
| +94% | +$12M |
|
606
Pan American Silver
PAAS
$20.3B
| $27.7M | 0.04% |
1,622,060
+1,441,747
| +800% | +$24.9M |
|
|
CTXS
607
DELISTED
Citrix Systems Inc
CTXS
| $27.6M | 0.04% |
359,523
+253,714
| +240% | +$19.7M |
|
608
Applied Industrial Technologies
AIT
$13.2B
| $27.6M | 0.04% |
418,870
+192,867
| +85% | +$11.2M |
|
|
609
Crown Castle
CCI
$32.3B
| $27.5M | 0.04% |
275,234
-1,640,495
| -86% | -$168M |
|
610
Hexcel
HXL
$7.89B
| $27.4M | 0.04% |
477,693
+174,918
| +58% | +$9.43M |
|
611
Simply Good Foods
SMPL
$989M
| $27.4M | 0.04% |
+2,342,197
| New | +$27.7M |
|
612
Teck Resources
TECK
$32.4B
| $27.4M | 0.04% |
1,299,656
-952,278
| -42% | -$20.7M |
|
|
AMTD
613
DELISTED
TD Ameritrade Holding Corp
AMTD
| $27.4M | 0.04% |
561,249
-519,967
| -48% | -$23.3M |
|
614
NVIDIA
NVDA
$5.31T
| $27.3M | 0.04% |
6,107,600
+3,518,800
| +136% | +$14.6M |
|
615
Oxford Industries
OXM
$580M
| $27.2M | 0.04% |
428,789
+273,281
| +176% | +$16.7M |
|
616
Nordson
NDSN
$17.3B
| $27.2M | 0.04% |
+229,570
| New | +$27.4M |
|
617
TJX Companies
TJX
$177B
| $27.2M | 0.04% |
737,812
-1,160,924
| -61% | -$41.4M |
|
|
TECD
618
DELISTED
Tech Data Corp
TECD
| $27.2M | 0.04% |
306,014
-130,463
| -30% | -$12.9M |
|
|
ATHN
619
DELISTED
Athenahealth, Inc.
ATHN
| $27.2M | 0.04% |
218,604
+166,238
| +317% | +$22.9M |
|
620
Bausch Health
BHC
$2.35B
| $27.1M | 0.04% |
1,891,070
+1,129,663
| +148% | +$17.1M |
|
621
Old Dominion Freight Line
ODFL
$44.8B
| $27.1M | 0.04% |
737,496
-155,244
| -17% | -$5.13M |
|
622
Teledyne Technologies
TDY
$31.7B
| $27M | 0.04% |
169,361
-6,447
| -4% | -$937K |
|
|
FBR
623
DELISTED
Fibria Celulose Sa
FBR
| $26.9M | 0.04% |
1,987,643
+843,350
| +74% | +$10M |
|
624
Snap-on
SNA
$21.7B
| $26.9M | 0.04% |
180,278
-189,557
| -51% | -$28.5M |
|
625
Weibo
WB
$1.95B
| $26.9M | 0.04% |
271,491
-257,776
| -49% | -$22.7M |
|
Similar funds
Millennium Management's Q3 2017 Portfolio in Review
As of Q3 2017, Millennium Management held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Millennium Management deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Millennium Management's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Millennium Management added most to Salesforce in Q3 2017, an estimated $208M increase.
- Millennium Management's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Millennium Management fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Millennium Management's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Millennium Management opened 794 new positions and closed 737 in Q3 2017.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.